SLL is more optimistic than Doug Casey, who does a good job of laying out the pessimists’ case. From Casey at internationalman.com:
The upcoming election may be the most important in US history. At least as important as that of 1860, which led directly to the War Between the States. In 2016 I believed Trump would win and placed a money bet on him. This time I’m not so sure, despite Trump’s “incumbent advantage” and the fact the Democrats could hardly have picked two worse candidates.
I see at least six reasons why this is true, namely:
- The Virus
- The economy
- Moral collapse of the old order
- The Deep State
The consequences of a Democrat victory will be momentous. Let’s look at why it’s likely.
1. The Virus
Despite the fact COVID is only marginally more deadly than the annual flu, and the fact it’s only a danger to the very old (median death age 80), the hysteria around it is changing the nature of life itself. It’s proven much less serious than the Asian flu of the late ’60s or the Hong Kong flu of the late ’50s. And not even remotely comparable to the Spanish flu of 1918-19. None of those had any discernable effect on the economy or politics. COVID is a trivial medical event but has created a gigantic psychological hysteria.
The virus hysteria is, however, a disaster from Trump’s point of view for several reasons. None of them have anything to do with his “handling” of the virus—apart from the fact that medical issues should be a matter between a patient and his doctor, not bureaucrats and politicians.
First, the virus hysteria is severely limiting the number and size of Trump’s rallies, which he relies on to keep enthusiasm up.